Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round your answer to the nearest cent.)P = $1900, r = 512%, t = 9, compounded annually
Added by Gabriel A.
Step 1
Given: - \( P = 1900 \) - \( r = 512\% = 5.12 \) (as a decimal) - \( t = 9 \) Now, let's calculate step by step. ** Show more…
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